"The instant revision was made in the backdrop of current market scenario and in accordance with the government's policy to provide market based competitive rate of return to the investors of National Savings", .

He said as per notification issued by the federal government,the new rates for Defense Savings Certificate,Special Saving Certificate, Regular Income Certificate,Savings Accounts have been fixed revision down at an average of 7.70 percent, 6.14 percent, 6.56 percent and 04 percent respectively.